5/12 EMA Cross Buy/Sell Flags and Suggested Stops
This is an updated version of my previous 5/12 EMA crossover. This version gives suggested stop placements. I needed this because I was constantly placing my stops too tight. I use this on a 2 and or 5 minute chart. I have not performed extensive back testing. So use this only as a guide. I'm a not a seasoned trader. I created this script to help me have a structed set of rules to follow. Feel free to test it out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.